Tompkins Financial Corp Makes New Investment in Ventas, Inc. (NYSE:VTR)

Tompkins Financial Corp bought a new position in shares of Ventas, Inc. (NYSE:VTR) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 2,000 shares of the real estate investment trust’s stock, valued at approximately $87,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Evoke Wealth LLC bought a new stake in Ventas during the fourth quarter worth $6,947,000. International Assets Investment Management LLC lifted its stake in Ventas by 4,831.0% during the fourth quarter. International Assets Investment Management LLC now owns 231,856 shares of the real estate investment trust’s stock worth $11,556,000 after purchasing an additional 227,154 shares during the last quarter. Nomura Holdings Inc. bought a new stake in Ventas during the fourth quarter worth $3,560,000. Mutual of America Capital Management LLC lifted its stake in Ventas by 10.4% during the fourth quarter. Mutual of America Capital Management LLC now owns 86,912 shares of the real estate investment trust’s stock worth $4,332,000 after purchasing an additional 8,199 shares during the last quarter. Finally, Lincluden Management Ltd. bought a new position in shares of Ventas in the 4th quarter valued at $2,170,000. 94.18% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other Ventas news, CAO Gregory R. Liebbe sold 14,625 shares of the stock in a transaction dated Friday, May 10th. The stock was sold at an average price of $47.70, for a total transaction of $697,612.50. Following the completion of the sale, the chief accounting officer now directly owns 12,524 shares in the company, valued at approximately $597,394.80. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. In other Ventas news, CAO Gregory R. Liebbe sold 14,625 shares of the stock in a transaction dated Friday, May 10th. The stock was sold at an average price of $47.70, for a total transaction of $697,612.50. Following the completion of the sale, the chief accounting officer now directly owns 12,524 shares in the company, valued at approximately $597,394.80. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Walter C. Rakowich sold 2,145 shares of the stock in a transaction dated Wednesday, May 15th. The stock was sold at an average price of $48.40, for a total value of $103,818.00. Following the sale, the director now owns 26,031 shares of the company’s stock, valued at $1,259,900.40. The disclosure for this sale can be found here. In the last ninety days, insiders sold 35,270 shares of company stock worth $1,672,966. Company insiders own 1.00% of the company’s stock.

Wall Street Analysts Forecast Growth

VTR has been the subject of a number of research reports. Wells Fargo & Company increased their price target on Ventas from $46.00 to $49.00 and gave the company an “equal weight” rating in a research note on Thursday, May 30th. Scotiabank increased their price target on Ventas from $47.00 to $51.00 and gave the company a “sector perform” rating in a research note on Thursday, May 16th. Finally, Evercore ISI upgraded Ventas from an “in-line” rating to an “outperform” rating and set a $50.00 price target for the company in a research note on Monday, March 18th. One research analyst has rated the stock with a sell rating, four have issued a hold rating and nine have issued a buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $51.46.

Ventas Stock Up 0.5 %

Shares of NYSE:VTR opened at $50.26 on Thursday. The firm has a market cap of $20.34 billion, a P/E ratio of -264.53, a P/E/G ratio of 2.60 and a beta of 1.33. The company has a quick ratio of 0.63, a current ratio of 0.63 and a debt-to-equity ratio of 1.43. Ventas, Inc. has a 12-month low of $39.33 and a 12-month high of $50.99. The business has a fifty day simple moving average of $47.01 and a 200 day simple moving average of $46.33.

Ventas Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, July 18th. Shareholders of record on Monday, July 1st will be issued a dividend of $0.45 per share. The ex-dividend date of this dividend is Monday, July 1st. This represents a $1.80 dividend on an annualized basis and a yield of 3.58%. Ventas’s payout ratio is currently -947.37%.

Ventas Profile

Ventas Inc (NYSE: VTR) is a leading S&P 500 real estate investment trust focused on delivering strong, sustainable shareholder returns by enabling exceptional environments that benefit a large and growing aging population. The Company's growth is fueled by its senior housing communities, which provide valuable services to residents and enable them to thrive in supported environments.